Page 2 - Reforms

India to advocate for food security, WTO reforms at upcoming Geneva meeting

The WTO Director-General urged officials to arrive in Geneva with "realistic expectations of what is truly doable" for MC13, rather than sticking to established positions

Insolvency code a crucial milestone in economic reforms: PM Modi

Stressing that the Insolvency and Bankruptcy Code, implemented in 2016, is a crucial milestone in the economic reforms, Prime Minister Narendra Modi on Saturday said that India, which used to be counted among the "Fragile Five" economies, is now being considered a bright spot in the global economy. The Prime Minister took note of the seminar, titled, 'Rejuvenation of Economy under Insolvency Laws' being organised by Insolvency & Professionals Council of India. In a signed message to Dr. Adish C Aggarwala, President of the International Council of Jurists, London, for the seminar, to be held in New Delhi on August 27, PM Modi acknowledged the need to make the insolvency regime "even better".Taking note of the initiative, Prime Minister Narendra Modi, added "It is particularly heartening to note that this seminar is being attended by many legal luminaries, domain experts and other stakeholders".The Prime Minister said he was sure that the deliberations at the seminar "will prove ..

India set to host IIAS conference on administrative reforms in 2025

The annual conference will be attended by 30 countries, 18 national sections, and over 50 IIAS universities/ institutes of public administration

UNSC structure does not reflect reality, needs urgent reforms: UN envoys

The UN Security Council in its current structure is perverse and immoral, a perpetuation of the colonisation project and does not reflect the rise of new powers and shifting geopolitical landscape, envoys and policy experts said here, asserting that the time for reform is now and status quo is untenable. Speaking at a Roundtable on Security Council Reform at the UN headquarters hosted by the Permanent Missions of Brazil, India, South Africa and Saint Vincent and the Grenadines here on Thursday, India's Permanent Representative to the UN Ambassador Kamboj said, The current composition of the Security Council no longer aligns with the realities of our interconnected and multi-polar world." "The Council structure, designed in a different era, does not reflect the rise of new powers, the shifting geopolitical landscape and the aspirations of nations striving for a fairer and more equitable global order, she said. The roundtable was held with the aim to bring in the perspective of the ..

Reforms galore, index annual returns in line with the long-term trend

The returns are also below the previous Manmohan Singh-led United Progressive Alliance (UPA) government

United Nations will become 'irrelevant' without reforms: Jaishankar

The United Nations Security Council reforms is like a "hard nut", but hard nuts can be cracked, External Affairs Minister S Jaishankar said here on Tuesday as he cautioned that the world body will become "irrelevant" without much-delayed reforms. Jaishankar made the remarks while responding to questions after his address at the Lowy Institute on the growing importance of India's relationship with Australia and the interests that both countries share as members of the security-focused Quad. "Well, it's a hard nut but hard nuts can be cracked," Jaishankar said while responding to a question on UN Security Council reforms. Jaishankar said that there are continents which actually feel that the Security Council process does not take into account that into their problems. "I think that's hugely damaging to the UN. So one of the developments this time, in fact, has been a very explicit recognition by President Joe Biden of the need to actually reform the UN which is not a small developmen

Jaishankar focused on UN reforms, misuse of terrorist listings during visit

External Affairs Minister S Jaishankar this week completed his 11-day US visit, during which he articulated both infringements of India's core interests as well as issues of pressing global concern

Employers favour administrative labour reforms over legislative ones

Report reveals that just 20% of fixed-term employment contracts are renewed

Reforming ratings

New norms will increase transparency

Reforms may be unpleasant temporarily, but beneficial over time: PM Modi

Modi's comments assume significance in the backdrop of widespread protests against 'Agnipath,' the new army recruitment scheme, announced by the Centre

Can't do it in a day, says CJI about using local languages in courts

"Sometimes, some of the judges are not familiar with the local language. The chief justice will always be from outside. Senior-most judges sometimes are also from outside," Justice Ramana said

After farm laws repeal, Ex RBI Guv says timing of reforms also important

Stressing that reforms are necessary to improve effeminacy and productivity of the system, former RBI Governor C Rangarajan said timing of implementing them is also important

Coal ministry wraps up agenda document for sectoral reforms, sustainability

The coal ministry on Monday said it has finalised an agenda document for the ongoing fiscal which broadly focuses on areas like reforms, transition and sustainability in the coal sector.

Long leaps for discoms before they sign up for new reform scheme

Ghosts of mounting financial losses and worsening technical performance still haunt; discoms would need to walk many extra miles to become eligible for the new package

Growth optimism: Will govt's own investment and exports be enough?

A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan

India improves ranking in trade facilitation aided by various reforms

India has significantly improved its ranking in terms of trade facilitation due to various reforms undertaken by various departments especially customs under the Central Board of Indirect Taxes

1991 ushered in many relationship changes; govt-RBI one was the foremost

From 1991 onwards, the RBI became a full, if slightly junior, partner of the finance ministry, instead of being a 'mere subordinate department of the financial ministry'

30 years after 1991: What we achieved as an economy, and what was possible

India's record has been good, relative to how other countries have done and compared also to its own previous three decades, but well short of what is required and what was possible, writes T N Ninan

Plan to develop Lakshadweep like Maldives to benefit people: Collector

Over the last week, several leaders have called for a new administrator in the Lakshadweep islands

The 'system' may be dysfunctional but who failed to reform it?

The Modi government had ample time for reforms but in spite several warnings and suggestions it has failed to do so.